Corporacion Para La Promocion De Puerto Rico Como Destino Inc
100% goes to programs Growing revenue
Corporacion Para La Promocion De Puerto Rico Como Destino Inc is a 501(c)(3) organization based in San Juan, Puerto Rico, registered in 2020, with $75,374,353 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
500 Calle De La Tanca, San Juan, PR, 00901 EIN 66-0888522 Since 2020
Revenue (FY2023)
$75.4M
▲ 30.6% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$68.5M
Net assets
$17.4M
Employees
61
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Corporacion Para La Promocion De Puerto Rico Como Destino Inc: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Corporacion Para La Promocion De Puerto Rico Como Destino Inc: 3 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Corporacion Para La Promocion De Puerto Rico Como Destino Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Corporacion Para La Promocion De Puerto Rico Como Destino Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Bring prosperity to puerto rico by collaboratively positioning our diverse and unique island as a premier destination for leisure, business and events.
Contact & location
- Address
- 500 Calle De La Tanca, San Juan, PR, 00901
- City
- San Juan
- State
- Puerto Rico
- Category
- Public & Societal Benefit
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.2M (FY2020) to $75.4M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $15.7MNet assets $17.4M
Operating margin
9.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33.1M
Total liabilities
$15.7M
Net assets
$17.4M
Salaries & benefits
$7.1M
10% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,374,353▲30.6% | $68,462,480▲3.1% | $17,409,056▲65.8% | $33,075,251▲30.2% | 990 |
| 2022 | $57,719,154▲4.5% | $66,401,911▲15.0% | $10,497,183▼45.3% | $25,402,804▼15.2% | 990 |
| 2021 | $55,213,353▲14.7% | $57,740,867▲63.6% | $19,179,940▼11.6% | $29,943,299▼11.7% | 990 |
| 2020 | $48,155,156 | $35,295,357 | $21,707,454 | $33,922,109 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Bradley Dean — $369,004 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bradley Dean | Ceo | 40 | $369,004 |
| Leah Chandler | Chief Market | 40 | $318,474 |
| Edward Carey | Chief Sales | 40 | $317,874 |
| Fernando Rodriguez | Cfo | 40 | $284,504 |
| Kim Sutphin Daroja | Vp of Sales | 40 | $231,206 |
| Edward Zayas | Chief Strate | 40 | $207,344 |
| Carolyn Blake | National Sal | 40 | $204,861 |
| Frederick Edson | Incentive Sa | 40 | $197,659 |
| Elizabeth Bushman | National Sal | 40 | $183,628 |
| Angel Blanch | Leisure Sale | 40 | $166,852 |
| Yolanda Gonzalez | National Sal | 40 | $146,176 |
| Jacqueline Rosa | Convention S | 40 | $143,975 |
| Joyce Mendez | National Sal | 40 | $138,459 |
| Xiomara Rodriguez Santana | Communicatio | 40 | $136,434 |
| Vanessa Figueroa | Destination | 40 | $135,866 |
| Rita Lopez | National Sal | 40 | $134,034 |
| Neishka Martinez Ferrer | Vp of Financ | 40 | $123,095 |
| Ricardo Cortes Chico | Vp of Engage | 40 | $120,228 |
| Katherine Walls | National Sal | 40 | $116,331 |
| Claribel Muriel Santos | People & Cul | 40 | $110,952 |
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Compare Corporacion Para La Promocion De Puerto Rico Como Destino Inc
Frequently asked questions
- Is Corporacion Para La Promocion De Puerto Rico Como Destino Inc a legitimate nonprofit?
- Yes. Corporacion Para La Promocion De Puerto Rico Como Destino Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0888522, based in San Juan, Puerto Rico. Donations are tax-deductible.
- What is Corporacion Para La Promocion De Puerto Rico Como Destino Inc's EIN?
- Corporacion Para La Promocion De Puerto Rico Como Destino Inc's Employer Identification Number (EIN) is 66-0888522.
- How much revenue does Corporacion Para La Promocion De Puerto Rico Como Destino Inc report?
- Corporacion Para La Promocion De Puerto Rico Como Destino Inc reported $75,374,353 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Corporacion Para La Promocion De Puerto Rico Como Destino Inc's spending goes to programs?
- Corporacion Para La Promocion De Puerto Rico Como Destino Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Corporacion Para La Promocion De Puerto Rico Como Destino Inc have?
- CharityIndex grades Corporacion Para La Promocion De Puerto Rico Como Destino Inc A, based on program efficiency and fundraising cost.
- How much does Corporacion Para La Promocion De Puerto Rico Como Destino Inc's highest-paid employee make?
- The highest reported compensation on Corporacion Para La Promocion De Puerto Rico Como Destino Inc's latest Form 990 is $369,004, paid to Bradley Dean (Ceo).
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Data for Corporacion Para La Promocion De Puerto Rico Como Destino Inc (EIN 66-0888522) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.